The imports mainly included auto parts. machinery and aluminum coil.
Read More »US Crude Oil Production Reaches 12 Million bpd
The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.
Read More »Venezuela Struggles to Find Oil Buyers amid US Sanctions
The sanctions block all payments to PDVSA accounts.
Read More »Crown Prince’s Visits to India. China not Only About Oil
The West has sought for decades to secure oil resources for its own energy security.
Read More »Saudi Aramco to Acquire Stake in Zhejiang Refining. Petrochemical Complex
Part of the project includes a third agreement with Zhejiang Energy to invest in a retail fuel network.
Read More »Optimism for Oil Prices will End Soon
Prices will drop in the coming months as demand softens.
Read More »U.S. Crude Output Hit Record
Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.
Read More »Google. Microsoft. and Big Tech are Automating the Climate Crisis
Last year. Google quietly started an oil. gas. and energy division.
Read More »Oil Near 2019 Highs amid OPEC Cuts. but Economic Slowdown Applies Brakes
The main factor keeping oil prices from rising even further is soaring U.S. oil production.
Read More »IEA Launches World Energy Outlook in China
The IEA will launch its latest work on China’s Power System Reform in Beijing on 25 February.
Read More »